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DOF Subsea secures similar services for Foxtrot International LDC’s
drilling campaign in Ivory Coast in 2015 to 2016.
integrated FSV contract of semi tender-assist drilling rig services for
The contract scope comprises the provision
in Angola three wells, offshore Ivory Coast, commencing
in Q1-FY 2022. It includes the option of one well
DOF Subsea has been awarded an integrated extension.
Field Support Vessel (FSV) contract with an With this contract, Sapura Energy will have
international oil company in Angola. The pro- two of its rigs operating in the African conti-
ject shall utilise Skandi Seven for a minimum nent. Its semi-submersible tender assisted drill-
of 303 firm vessel days plus 365 days of options. ing rig Sapura Jaya is currently working offshore
The Contract also includes the potential supply Angola.
of additional vessels, as required by client. Sapura Energy, September 17 2020
DOF Subsea shall during the project deliver
integrated FSV services, project management,
engineering, procurement and logistics within INVESTMENT
deep-water construction and maintenance of
existing subsea assets. Work packages under the Zenith Energy submits bid
contract shall also include services for transpor-
tation and installation of flexible products and in Nigeria’s 2020 marginal
various subsea equipment.
Mons S. Aase, CEO, DOF Subsea said: “I am field round
pleased that DOF Subsea is trusted with another
contract in Angola. This project will secure uti- Zenith Energy, the listed international oil and
lisation for our integrated FSV team and assets, gas production company focused on pursuing
strengthening our position as a leading one-stop African development opportunities, has sub-
solutions provider for integrated subsea opera- mitted a technical and commercial bid with the
tions across multiple disciplines. DOF Subsea is Nigerian Department of Petroleum Resources
continuously working to develop efficient ser- (DPR) for a marginal field in the 2020 Marginal
vices without compromise to safety.” Area 1 in Mexico. Field Bid Round.
DOF Subsea, September 17 2020 The contract entails the transportation and A total of 57 marginal fields comprising
installation of the Amoca Platform and the a selection of onshore, swamp and shallow
Sapura Energy wins major pipeline and subsea cable interconnecting the offshore fields have been included in the Bid
Amoca and Mizton platforms with the Float-
Round. The Company is participating in the
projects worth MYR40mn in ing Production Storage and Offloading (FPSO) Bid Round as technical and financial partner
unit. The works are expected to be completed by to a Nigerian registered oil and gas company.
South America and Africa Q4-FY 2022. Submission of the Bid represents completion of
the second stage of the Bid Round process, fol-
Sapura Energy has completed multiple pro-
Sapura Energy, a leading global integrated oil jects in Mexico, after its maiden entry in 2015. lowing the successful pre-qualification of Zenith
and gas services and solutions provider, has In Brazil, Sapura Energy builds upon its and its local partner announced to the market on
announced two major project wins in South longstanding relationship with Petrobras, as the August 20, 2020.
America, as well as a drilling contract win in the national oil company awarded Sapura Navegação The Company will provide further informa-
Ivory Coast. Marítima (SNM) a 12-month extension on the tion as appropriate once the next stage of the Bid
The total value of the three contracts is contract for the operation of pipe-laying support Round is concluded.
MYR840mn ($202.85mn), bringing the compa- vessel Sapura Esmeralda. Andrea Cattaneo, Chief Executive Officer,
ny’s total wins to-date to MYR1.6bn ($390mn), The scope of work comprises the provision commented: “The Bid Round represents a very
in FY 2021. of services and charter for the installation and rare opportunity for Zenith to acquire a large,
The new wins demonstrate Sapura Energy’s recovery of flexible pipes by utilising Sapura underdeveloped, near-term production asset
resilience in a challenging environment, pro- Esmeralda in Brazilian waters. The existing con- in Nigeria. Indeed, the last opportunity of this
gressing the company’s strategy of leveraging tract is expected to complete by April 2021 and kind was in 2003. We have worked closely with
on its agility and assets to expand international the 12-month extension will commence imme- our Nigerian partner to complete the necessary
reach. diately after the duration of the original contract commercial and technical analysis required for
Sapura Energy has aimed to capture oppor- of Sapura Esmeralda ends. submission of our Bid and in selecting the most
tunities still available in addressable markets for SNM is wholly-owned by Seabras Sapura compatible asset.
oil and gas services, deepening its presence in Participações, a joint venture company between “In the event our Bid is accepted, we have
the fastest growing regions like South America, Sapura Offshore and a subsidiary of Seadrill. already received positive indications from a
Africa and Middle East. Meanwhile, Sapura Energy marked its re-en- number of pan-African financial institutions
In South America, Sapura Energy strength- try into Ivory Coast, as Foxtrot International regarding obtaining the necessary financing to
ened its hold as its subsidiary Sapura Energy LDC has awarded Sapura Drilling Holdings a develop the asset and achieving commercial pro-
Mexicana secured the engineering, procure- contract for the provision of its Tender Assist duction. I look forward to updating the market
ment, construction and installation scope for Drilling Rig Sapura Berani services in the in due course regarding this opportunity.”
the Eni Mexico Amoca Project – Offshore Block country. Sapura Energy’s drilling arm provided Zenith Energy, September 18 2020

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